Deal #234

Land area

Intended size

30 000 ha

Size under contract (leased or purchased area)

[2012] 10000 ha
[2013-05, current] 20000 ha

Size in operation (production)

[2014, current] 5530 ha

Comment on land area

In Attapeu Province, Hoang Anh Attapeu Company (HAAC) holds a 20,000ha concession reported last May of 2013.

Intention of investment

[current] Non-food agricultural commodities (10000 ha)

Comment on intention of investment

Rubber plantation The company is also growing palm oil, banana, fruits and raising cows Source: HAGL annual report 2019

Nature of the deal

Lease, Concession

Comment on nature of the deal

In Attapeu Province, Hoang Anh Attapeu Company (HAAC) holds a 20,000ha concession reported last May of 2013.

Negotiation status

[2008, current] Concluded (Contract signed)

Comment on negotiation status

Vietnamese real estate conglomerate Hoang Anh Gia Lai is planning to sell a large area of its rubber plantations in Laos to Chinese investors to deal with increasing debts and shrinking profits (Note sure if it's included the plantations owned by Hoang An Attapeu Agriculture Development because it is HAGL’s subsidiary) Source: Laotian Times

Implementation status

[current] In operation (production)

Comment on implementation status

According the HAGL annual report, in 2019 water in Sekong river basins around Hoang Anh Attapeu Agriculture Development Co., Ltd. project area rose unusually high inundating some of the project planted areas. The banana planted area of about 1,200 hectares of was flooded while ready to harvest. About 300 hectares of other fruit areas (mainly jackfruit trees) in the stage of fruit development was inundated. Source: HAGL annual report 2019